CAC40 FCE FULL0125 - Daily - Technical analysis published on 04/12/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 6,670.50 EUR
My targets
6,386.78 EUR (-1.92%)
6,229.50 EUR (-4.33%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAC40 FCE FULL0422 as long as the price remains well below 6,670.50 EUR. The next bearish objective for sellers is set at 6,386.78 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6,229.50 EUR. If there is any crossing, the next objective would be the support located at 5,898.00 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAC40 FCE FULL0422 rating 6,511.70 EUR. The price is lower by -0.65% since the last closing and was between 6,421.50 EUR and 6,526.00 EUR. This implies that the price is at +1.40% from its lowest and at -0.22% from its highest.6,421.50
6,526.00
6,511.70
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAC40 FCE FULL0422:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CAC40 FCE FULL0422 chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,898.00 | 6,229.50 | 6,386.78 | 6,511.70 | 6,670.50 | 6,836.00 | 7,123.30 |
| Change (%) | -9.42% | -4.33% | -1.92% | - | +2.44% | +4.98% | +9.39% |
| Change | -613.70 | -282.20 | -124.92 | - | +158.80 | +324.30 | +611.60 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,381.00 | 6,439.50 | 6,497.00 | 6,555.50 | 6,613.00 | 6,671.50 | 6,729.00 |
| Camarilla | 6,522.60 | 6,533.23 | 6,543.87 | 6,554.50 | 6,565.13 | 6,575.77 | 6,586.40 |
| Woodie | 6,380.50 | 6,439.25 | 6,496.50 | 6,555.25 | 6,612.50 | 6,671.25 | 6,728.50 |
| Fibonacci | 6,439.50 | 6,483.81 | 6,511.19 | 6,555.50 | 6,599.81 | 6,627.19 | 6,671.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,074.17 | 6,251.83 | 6,398.67 | 6,576.33 | 6,723.17 | 6,900.83 | 7,047.67 |
| Camarilla | 6,456.26 | 6,486.01 | 6,515.75 | 6,545.50 | 6,575.25 | 6,604.99 | 6,634.74 |
| Woodie | 6,058.75 | 6,244.13 | 6,383.25 | 6,568.63 | 6,707.75 | 6,893.13 | 7,032.25 |
| Fibonacci | 6,251.83 | 6,375.79 | 6,452.37 | 6,576.33 | 6,700.29 | 6,776.87 | 6,900.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,892.67 | 5,320.33 | 5,973.67 | 6,401.33 | 7,054.67 | 7,482.33 | 8,135.67 |
| Camarilla | 6,329.73 | 6,428.82 | 6,527.91 | 6,627.00 | 6,726.09 | 6,825.18 | 6,924.28 |
| Woodie | 5,005.50 | 5,376.75 | 6,086.50 | 6,457.75 | 7,167.50 | 7,538.75 | 8,248.50 |
| Fibonacci | 5,320.33 | 5,733.28 | 5,988.39 | 6,401.33 | 6,814.28 | 7,069.39 | 7,482.33 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.65 | |
| MACD (12,26,9): | -12.2300 | |
| Directional Movement: | -5.58 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 6,555.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,776.05 | |
| Elder Ray (13): | -96.88 | |
| Super Trend (3,10): | 6,218.43 | |
| Zig ZAG (10): | 6,506.50 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 27.02 | |
| TEMA (21): | 6,591.36 | |
| Williams %R (14): | -79.26 | |
| Chande Momentum Oscillator (20): | -86.00 | |
| Repulse (5,40,3): | 0.4800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.31 |
| MA7: | 6,561.79 | |
| MA20: | 6,610.50 | |
| MA50: | 6,637.89 | |
| MA100: | 6,829.45 | |
| MAexp7: | 6,554.86 | |
| MAexp20: | 6,574.37 | |
| MAexp50: | 6,644.29 | |
| MAexp100: | 6,715.86 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | -1.49% | |
| Price / MA50: | -1.90% | |
| Price / MA100: | -4.65% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | -0.95% | |
| Price / MAexp50: | -2.00% | |
| Price / MAexp100: | -3.04% |
Quotes :
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15 min delayed data
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LIFFE FR Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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